$3,095,000
Beds: 6
Baths: 4
Sqft: 2,374
Sqft lot: 2,614
Acre lot: 0.06
47 Days On Market -

Courtesy of Compass.

Status: Active
Property Type: Townhome
Year Built: 1972
Days On Website: 47
Rare Investment Opportunity in Newport Shores! This fully occupied duplex, just two blocks from the beach and iconic surf, is a prime find for savvy investors. Each impeccably designed unit features 3 bedrooms and 2 bathrooms, offering exceptional value in one of Newport Beach's most coveted coastal communities. Recent upgrades, including new exterior paint, flooring, bathrooms, and kitchens in both units, elevate the property's appeal and rental potential. Open floor plans, abundant natural light, spacious rooms, and decks and patios perfect for enjoying the ocean breeze make these units highly desirable. The lower unit (A) boasts new vinyl plank flooring, a spacious patio, and stainless appliances, while the upper unit (B) showcases newer flooring, cathedral ceilings, and two decks, one with blue water views. In addition, the duplex includes 3-car garage parking and shared laundry facilities. Professionally managed for years with meticulous attention to maintenance and support, this property offers a seamless revenue opportunity with tenants in leases through July 2025. Don't miss out on this excellent opportunity to invest in Newport Beach.

Features

Bathrooms

  • 4 full bathrooms
  • 4 total bathrooms

Bedrooms

  • 6 bedrooms
  • 6 total bedrooms

Building

  • 2,374 estimated square feet
  • Source: Assessor Record
  • Built in 1972
  • 2 stories
  • Deck
  • Patio
  • 2 story

Water Features

  • Public

Laundry

  • Garage

Listing

  • Source: SDMLS
  • For Sale
  • 6 days on market
  • Listed on 2024-08-06

Location

  • County: Orange

Lot

  • Approximately 2,614 square feet
  • 1-3,999 SF
  • Approximately 0 acres

Garage

  • 3 garage parking spaces
  • Garage

Parking

  • 3 total parking spaces

Property

  • Ocean
  • Neighborhood

Sewer

  • Public Sewer

Property Map

Map View


$3,095,000 - 209 Walnut Street, Newport Beach, CA 92663

Street View


Directions


209 Walnut Street
Newport Beach, CA 92663
County: Orange

Nearby Schools

Local Sales

Kurt Steffien

Franchise Owner/ Broker of Record